Leona purchased a $1,000 bond having a quoted price of 99.875. She had to pay a 5.5% brokerage fee (of the selling price). What
1 answer:
Answer:
The total cost of the bond is none of the given choices.
Step-by-step explanation:
The selling price of a $1000 bond = $99.875
The brokerage fee = 5.5 %
Now, 5.5% of $99.875 =
So, the brokerage fee = $5.493
Now, to find out the total cost of the bond:
Total Cost = The selling Price + Brokerage Price
= $99.875 + $5.493
= $105.368
or, the total price of the $1000 bond is $ 105.368.
Hence, the total cost of the bond is none of the given choices.
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Answer:
(a) 0.0833 or 8.33%
(b) 0.40 or 40%
Step-by-step explanation:
Parts line one (n1) = 1,000 parts
Defects line one (d1) = 100 parts
Parts line two (n2) = 2,000 parts
Defects line two (d2) = 150 parts
Total number of parts (n) = 3,000 parts
a. Probability of a randomly selected part being defective:
The probability is 0.0833 or 8.33%
b. Probability of a part being produced by line one, given that it is defective:
The probability is 0.40 or 40%.
Answer:
The inequality to determine the number of days, , Darcie can skip crocheting and still meet her goal is:
Thus, Darcie can skip a maximum of 15 days.
Step-by-step explanation:
Question
Darcie wants to crochet a minimum of 3 blankets to donate to a homeless shelter. Darcie crochets at a rate of 1/15 of a blanket per day. She has 60 days until when she wants to donate the blankets, but she also wants to skip crocheting some days so she can volunteer in other ways. Write an inequality to determine the number of days, s, Darcie can skip crocheting and still meet her goal.
Given:
Darcie has a target to crochet a minimum of 3 blankets.
Rate at which Darcie crochets = of a blanket per day.
Darcie has 60 days to crochet the blankets
To write an inequality to determine the number of days, , Darcie can skip crocheting and still meet her goal.
Solution:
The number of days Darcie can skip crocheting is represented by
So, number of days left for Darcie to crochet =
In 1 day Darcie crochets of a blanket.
So, in days she will crochet =
blankets.
Her aim is to crochet at least 3 blankets.
Thus, the inequality can be given as:
Solving for
Multiplying both sides by 15 to remove fractions.
Subtracting both sides by 60.
Dividing both sides by -1.
[ On dividing by negative number the sign of the inequality is reversed]
∴
Thus, Darcie can skip a maximum of 15 days.